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SALT, local tax deduction
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Prior to the Tax Cuts and Jobs Act (“TCJA”), there was no direct limitation on an individual taxpayer’s deduction of his or ...
Rep. Mike Lawler said the lower cap on the federal deduction for state and local tax payments, also known as SALT, has had a “negative impact” on New York. “There were key provisions that ...
A newly passed federal budget bill could cut billions from SNAP and Medicaid in New York while raising the SALT deduction cap ...
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